Common use of REOC Status Clause in Contracts

REOC Status. Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. Section 2510.3-101 and shall at all times qualify as a REOC. Borrower will provide any additional information reasonably requested by Administrative Agent to confirm Borrower’s REOC status.

Appears in 1 contract

Samples: Senior Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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REOC Status. Mortgage Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. Section 2510.3-101 and shall at all times qualify as a REOC. Borrower will cause Mortgage Borrower provide any additional information reasonably requested by Administrative Agent to confirm Mortgage Borrower’s REOC status.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

REOC Status. Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. 00 X.X.X. Section 2510.3-101 and shall at all times qualify as a REOC. Borrower will provide any additional information reasonably requested by Administrative Agent to confirm BorrowerXxxxxxxx’s REOC status.. Section 11.29

Appears in 1 contract

Samples: Senior Loan Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

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REOC Status. Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. Section 2510.3-101 and shall at all times qualify as a REOC. Borrower will provide any additional information reasonably requested by Administrative Agent to confirm Borrower’s REOC status.a

Appears in 1 contract

Samples: Loan Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.)

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